What is Last In, First Out (LIFO)?
LIFO is an inventory accounting method in which the most recently acquired items are the first ones to...
What is 'Lattice-Based Model' An option pricing model that involves the construction of a binomial tree to show the different paths that...
What is Lead Bank and how does it work
A lead bank is a financial institution that acts as the coordinator for a syndicated loan....
DefinitionThe law of supply is a fundamental principle of economic theory which states that, keeping other factors constant, an increase in price results in...
What is 'Law Of 29' A belief held by some marketers that on average a prospective customer will not purchase a good...
DefinitionLawrence Joseph Ellison is an American businessman, entrepreneur, and philanthropist who is co-founder, executive chairman and chief technology officer of Oracle Corporation. As of...
What is 'Latin Baseball Futures' A financial contract used to speculate on the potential of teenage baseball players from Latin America who...
What is 'Lady Macbeth Strategy' A corporate-takeover strategy with which a third party poses as a white knight to gain trust, but...
What is the 'Learning Curve' A learning curve is a concept that graphically depicts the relationship between cost and output over a...
What is 'Late-Day Trading' An unethical (if not illegal) practice of a hedge fund purchasing and then selling securities (usually shares of...